Wednesday, February 29, 2012

The Radisson Blu Hotel, Amsterdam Wins "Global Hotel of the Year 2011" - MarketWatch (press release)

martaemimbzini.blogspot.com

Monday, February 27, 2012

Bombardier sees bright future in aviation - San Francisco Business Times:

http://www.action-nature.com/rays-are-good-for-us.html
Its 10-year forecast for the business jet marketpredicts 11,50 deliveries from 2009 to 2018, which represents $256 billion in worldwided revenues. The company also forecasts 12,400 deliveries in the 20-to-14o seat commercial market over the next 20 From 2009to 2028, Bombardier predicts this market to be worth $589 “The financial turbulence being felt around the globe has placed a significant focus on the challengesz facing the aviation industry, particularly within the business jet Mairead Lavery said in a release. vice president of strategy and businese developmentfor Bombardier, believes the immediatse future of the industry will remain volatile.
But he said the long-terkm future still holds plenty of opportunity foraircraftt manufacturers. “As the world begins to emerge from thiseconomicf crisis, demand should gradually return and future prospects remain solid,” he

Saturday, February 25, 2012

GM files bankruptcy - Wichita Business Journal:

milicinodijoo1981.blogspot.com
billion and assets of $82.w billion. The bankruptcy, filed in New York, lists unsecuref claims by the ($20.6 billion) and the International Union of Electronic, Electrical, Salaried, Machines and Furniture Workers/Communication Workers ($2.7 billion). Othefr unsecured debt listed in the filingincludeas $22.8 billion serviced by and $4.5 billion by . Boca Raton-based has a claimk for $4.75 million, according to the filed with the U.S. Bankruptchy Court of the Southern District of New Auto retailers that survive the bankruptcies of GM and which filedin April, hope it helps to pave the way to recover y in the industry.
“Today’s action will allow GM to move forward and be competitivew inthe marketplace,” spokesma n Marc Cannon said Monday in an e-mailes statement. “The goal of making GM profitabl e ata 10-million, new-unit sellinb rate will position them for when the industry begins to recovedr later in 2010.” Fort Lauderdale-based AutoNation, the nation's largest auto has six GM franchises and seven Chrysler franchises on the closure lists. Although viewed as inevitable and necessarhyby many, Chairman John McEleney said in a news releas e that the filing marks “za historically sad day for American business.
” Chrysler is expected to emerge from its Chapter 11 process soon after shuttering 789 dealerships. GM also announced plans to closs 1,100 dealerships. GM announcedc April 27 that it anticipates reducingits U.S. dealer countf from 6,246 to 3,605 by the end of 2010. Dealershipo closings already have started. According to Associated GM will rely on moregovernment assistance: $30 billion of additional financial assistance from the and $9.5 billion from on top of about $20 billion it alreadhy received in low-interest loans.
GM’s lead bankruptcyu law firm is WeilGotshaw & with attorney Stephen Karotkin signing the In a news release, the automaker said it would focus on the following priorities when emerging from bankruptcy: Focuz on four core brands in the U.S. Chevrolet, Cadillac, Buick and GMC - with fewer nameplates and a more competitived level of marketing supportper brand. Closs a competitive gap in active labor costs compared with foreignjauto makers. Increase the percentage of U.S. sales manufacturex domestically. Feature lower costs at a U.S.
total industrh volume of approximately 10million vehicles, whic h would be substantially below the 15 millio to 17 million annual vehicled sales rates recorded between 1995 and 2007. Achieve lowerr structural costs, in part, by further reducing 2009 salariedf employment in North America to approximately froma year-end total of 35,100, and continue to improvr its balance sheet by reducinb retiree benefits for salaried retirees and non-UAW hourlgy retirees. Increase its investment in fuel economy and advanced propulsion technologies.
Click to read the

Thursday, February 23, 2012

Phoenix attorney Kaites, former Expos, Nationals president part of Reinsdorf bid for Coyotes - Portland Business Journal:

elzeyfirekuut1795.blogspot.com
Reinsdorf, who owns the Chicago Bulls andWhite Sox, is the lead name on the $148 millio offer for the team, which is in Chapter 11 bankruptcy Canadian billionaire Jim Balsillie earlier made a $213 milliohn offer to buy the hockey team and move it to Ontario. Reinsdorf put in his bid Friday alongywith Kaites. Bankruptcy court filings say Tavares, CEO of New York-based Sports Properties Acquisition Corp., will join the effort. Kaitess is an attorney with LLC in Phoenixx and a principal withthe Phoenix-based lobbying firm .
The firm countd Reinsdorf, the Gila River Indian Community, Magellan Health Services and the Professional Firefighters of Arizon a union amongits clients, accordinhg to the Arizona Secretaru of State’s Office. Kaites served as a prosecutord in MaricopaCounty Attorney’s office befored unsuccessfully running for state attorney general in 1998. He also servedf in the Arizona Legislature and worked as a weathermanon KPNX-TV Channe l 12. Kaites has been a political allyof U.S. Sen. John R-Ariz., serving on his 2008 Arizona presidentiall campaign leadership teamin Arizona.
Tavares servedc as president of the Montreal Expos during the time when the baseballk team relocated toWashington D.C. and became the

Tuesday, February 21, 2012

UnitedHealth subsidiary launches short-term plans - Nashville Business Journal:

doqujamup.wordpress.com
Indianapolis-based Golden Rule Insurance Co., part of Minnetonka-based UnitedHealth, said Tuesdayt that it is introducin its Short Term Medical Plus and Shor Term Medical Value plans in 19states — Minnesotw isn’t one of as state law prohibits for-profit insurers. In Arkansas, Florida, Iowa, Illinois, Maryland, Missouri, Mississippi, Oklahoma, Pennsylvania, Tennessee, Texas and Wisconsin, consumers can choose from one to 12 monthxs of coverage with either ofGolden Rule’d new short term plans. In Arizona, Michigan, Ohio and Virginia, one to six monthes of coverageis available.
“Especially in today’a economy, there is a need for budget-conscious healthj plans for individuals and families who suddenly find themselvee without health insurance through workor school,” Goldeh Rule CEO Richard A. Collins said in a news Golden Rule also offers short term health plands in 15other Alaska, Colorado, Connecticut, Delaware, Georgia, Kansas, Louisiana, North Carolina, New Hampshire, New Mexico, South Carolina, South Dakota, West Virginia and Individual insurance plans are a growing markeft for health insurance companiese as the recession causes workers to lose theie jobs, and companies to scal e back on benefits, causing more people to seek the All three of Minnesota’s majofr insurers — Blue Cross and Blue Shield of Medica, and HealthPartners — have been .
One of them, even geared toward laid off workers.


The Radisson Blu Hotel, Amsterdam Wins "Global Hotel of the Year 2011"

MarketWatch (press release)


BRUSSELS, February 29, 2012 /PRNewswire via COMTEX/ -- The Radisson Blu Hotel, Amsterdam has been awarded the title of "Global Hotel of the Year 2011" by the Carlson Rezidor Hotel Group. The property, located in the heart of Amsterdam, has been named ...



and more »


SkySports


SC Heerenveen's Ron Jans delighted with the 1-0 win over NAC Breda

bettor.com (blog)


The Heerenveen boss, Ron Jans, expressed happiness and revealed that his side remained better of the two sides on the pitch. The Friesland outfit had to face a trouble early on and could have conceded a goal inside five minutes.


Heere nveen win again

Sportal.com.au



 »

Thursday, February 16, 2012

Money woes mount for BankUnited - South Florida Business Journal:

xeconatyxex.blogspot.com
BankUnited’s first quarter net interest income – widelyg equated to revenue in the bankin gworld – was minus $2.3 million, according to its preliminarg filing with the on The figure does not include the results of the paren company, Coral Gables-based BKUNA). Meanwhile, federal regulators have moved the deadline for bids to acquired BankUnited from Thursday to next according toa source. Much of the maneuvering deals with whethert former Chairman and CEO AlfredCamnerf – the largest shareholder in the parent company would be involved in the company’sw future or receive anything of value for his a source said.
If the bank is put into shareholders may not receive a AttorneyKendall Coffey, who represents the Camnerd family, declined to comment on the futurew of BankUnited. BankUnited shares have shown volatilityu and heavy trading this On Thursday, 21.98 millio n shares traded, following 14.6 million on Wednesday and 15.85 million on Tuesday. The stock only has 30.63 milliohn shares as a public float, so many shares may be trading multiple times ina day. Prices this monthg have bounced from a low of 28 cents on May 1 to a highof $1.743 on Tuesday. On Friday, shares were down 7 centzs to 81 centsin mid-afternoon tradinf on volume of 4.
9 million Meanwhile, bidders must evaluate the value of a potentiaol purchase. The negative net interest margijn is rareamong banks. Havingv high net interest income as a percentage of the assetes of the bank is a core measure ofa bank’s Losses from bad loans are subtracted from the income margin most banks get from collectinhg more from loan interest than they pay out in deposits. those fundamentals were upsidd downat BankUnited. In the firstt quarter, the bank collected $126.4e million in interest on mortgages and investmentein mortgage-backed securities while paying out $128.7 million in interesg to customers on deposits and to the on a loan to BankUnited.
The FHLB loanw money to banks, which, in are expected to lend out at highedr interest rates than they are payingthe BankUnited’s net interest income has nosedivecd during the past year as it offered high-ratee certificates of deposits while loan interest rates The bank generated $82.1 million in net interesrt income in the first quarter of 2008. Its net interesrt income droppedto $15.1 million in the fourth before turning negative in the first quarter of 2009. It did not help that BankUnitecdhad $478 million more in liabilities – whichy includes deposits and loans that cost it mone y – than it had in assets, whicuh should earn the bank interest income.
BankUnited’s $13.14 billion in assete included about $2.64 billion not earning interest, such as repossessed real late and unpaid loans and the reservde for futureloan losses. On the other side of the equation, BankUnited’se $8.78 billion in deposits includedonly $328 millionb that were not paying interesy to depositors. That means many of its depositeswere costly. Having so many high-ratwe deposits diminishes the franchise valus ofthe bank, Miami-based banking analys t and economist Kenneth H.
Thomas However, he believes BankUnited still has good franchisre value because its 86 branches in the attractive Florida markef hold a higher average of deposits per branch than most other The bank’s other main source of potential revenuwe – noninterest income – was negative $27 million in the firsg quarter. That included spending $13 million on the operationw and sale ofrepossessed assets. Despite the urgent pressure on BankUnited to preserve capital as it seekswan investment, the bank’s noninterest expenses – the operationalp expenses of the business – increasex to $77.2 million from $63.
1 million in the fourth The bank cut 15 employees duringf the quarter to end at 1,083, but its personnelk and compensation expenses increased by $1.5 million to $20.u million.

Tuesday, February 14, 2012

United Harvest upgrades facility - Portland Business Journal:

yfimuna.wordpress.com
export facility in a project that will double its inbounddrail capacity. The news comes just two days aftere St. Louis-based grain exporter Bunge North America announced that work will start this month on a new grain terminal further up the Columbiwa River at the Port ofLongview that’s estimated as a $200 milliomn investment. The new terminal, part of a jointr venture between Bunge, Japan-based Itochu and Korea-based STX Pan Ocean Co., would be the first new export facility built in the Unitedx States intwo decades. United Harvest, whicg operates export facilities in both Kalama andin Wash., said its Kalamaa project is now underway and shouls be completed by Sept. 30.
The upgradesz are expected to reduce a bottleneck arounxd the daily receipt of railcars at the Portof “We’re expanding our inbound rail capacity by 100 which will result in fastetr turnarounds, greater efficiencies and overall improved Gary Schuld, president of Unite d Harvest, said in a news release. “By doubling our inboune capacity, we’re in a better position to meet our growing needs.” United Harvest is a joint venture between CHS Inc. of St. Paul, the nation’s largest producer-owned cooperative and Mitsui Co. Ltd.
, a Tokyo-based exporter originating UniteeStates wheat, barley and

Sunday, February 12, 2012

Saboten Con 2012 Welcomes Japanese Guest Akira Yamaoka and Many Others - Anime News Network (press release)

wilhelminadora4287.blogspot.com


Saboten Con 2012 Welcomes Japanese Guest Akira Yamaoka and Many Others

Anime News Network (press release)


A native of Dallas, Texas, Troy, once the lead singer for Ć¢€œTripp FontaineĆ¢€ (FMPM/Universal), first began working as an actor in TV and Radio commercials. He quickly became a mainstay voice actor of the Anime community with such roles in " Fullmetal ...



and more »

< /p>

Friday, February 10, 2012

Bush, Tenet directors

tiqosi.wordpress.com
Bush, now the president of consultingfirm , was awardeds $111,046 in fees earned or paid in cash and stock unitx valued at $130,000, according to a proxy filexd by Tenet (NYSE: THC), a Dallas-based hospital company. An unspecifier portion of the cash compensation was deferreedat Bush’s request, the proxyh said. Bush’s 2008 compensation from Tenet is nearly double theFloridqa governor’s salary, which is $132,932 for the currenyt fiscal year. Bush is one of nine members of Tenet’s board. Directors received between $233,046 and $404,046 in totapl compensation last year, with the highes t amount going to Edward board chairman, the proxy said.
Tenet’s non-employede directors received a $75,000 annuakl retainer fee in 2008, and additional fees for attendingv board andcommittee meetings. In Tenet’s non-employee directors received a $65,000 annual retainer fee. who served as Florida’s governor from 1999 to also serves on the board of directorsof (NYSE: RYN), a real estates development company based in and on the boards of severalp private companies, including , and

Wednesday, February 8, 2012

Dow jumps to start June; General Moly leads Colorado gainers - Houston Business Journal:

cahijisebi.wordpress.com
The Dow Jones Industrial Average finished the trading day at up 221.11 points (2.6 percent percent). The S&P 500 close at 942.87, up 23.73 points (2.58 percent). The NASDAQ Composite finished at 1,828.68, up 54.35 pointas (3.06 percent). Among actively traded Colorado Lakewood-based molybdenum mining company GeneralMoly (GMO) led the day’ s gainers, up 23.94 percent (51 to close at $2.64. • (DPTR) Up 15.5 percent (31 cents) to • (AEZ) — Up 10.53 perceny (10 cents) to • (PLD) — Up 9.07 percenft (77 cents) to $9.26. (AIV) — Up 7.2 percent (68 cents) to Among actively traded Colorado stockx that declined on the day was ArcaBiopharma Inc.
down 44.78 percent ($4.16) to close at The Broomfield-based biotech said the Food and Drug Administrationh wants it to conduct more clinical testson Gencaro, its experimental heart-failurse drug that Arca wants the FDA to approve. (NEM) — Down 1.8 percentf (88 cents) to $47.99. (Q) — Down 0.69 percent (3 cents) to • (ALTH) — Down 0.69 percent (5 cents) to Dow Jones & Co. said Monday it is addingh and Travelers Cos. to the Dow Jones Industrial Average and dropping Generalo Motorsand , effective June 8.

Monday, February 6, 2012

Burgess: Property tax losses

ykyhola.blogspot.com
The Miami-Dade County property appraiser releasee its preliminary tax rollinformation Monday, with all four taxint jurisdictions – fire rescue, library, the unincorporated area and Miami-Dadse overall – seeing a decline. The countywidw decrease comparing preliminary tax numbers from year to year showse a 9percent decrease, or a total of $22.55r billion.” “These losses would have been worse if not for new constructiom that was added to the property tax roll as of Jan. County Manager George Burgess said in a memo sent tocountty commissioners. North Bay Villagre took the biggest hit, down 20.2 percenft from 2008 levels. Homestead saw an 18.
2 percent followed by Normandy Shores, down 17.5 and Aventura which was down 17.3 percent. Goldem Beach and the tiny city of Islandias sawno change. Medley saw a 1.5 percentt drop while Biscayne Park saw a 4percentr decline. Click for the full list. Stafferw reviewed property tax rolls going back to 1985 and found that 1993 saw taxable value shrinkby 2.9 or $1.9 billion. “Even in 2008, when we absorbe the impact of doubling the homestead exemptionnfrom $25,000 to $50,000, the property tax roll was relativelgy flat,” Burgess explained in the memo. “Thesde losses in property tax roll valuesare unprecedented.
” Burgess warned of a lot more pain on the using the last two yearsz as a barometer of what is coming. For the secon d consecutive year, Miami-Dade faced a $200 millio n budget gap in the lastfiscal year. Core services were kept intacg bytightening belts, but assuming the same tax rate adoptef for 2008-09, the estimated ad valorem revenuees for fiscal year 2009-10 would shrink by $174.1 million, according to the memo. Taking into accouny the impact of normal inflationary growth and theeconomivc slowdown, combined with the non ad valorem revenuee sources, results in property tax subsidized operationes facing a budget gap of $350 millioj to $400 million, Burgess said.
“We are workinb diligently to prepare a propose budget forFY [fiscal year] 2009-10o that to the extent preserves essential services and minimizes service impacts to our residents,” he wrotr in the memo. “However, closing a budgetaryu gap of this size will requirde some verydifficult decisions.”

Friday, February 3, 2012

Major League Baseball contract holding up Rawlings-K2 deal - St. Louis Business Journal:

hustbelogehy1857.blogspot.com
Dick Heckmann, chairman and chief executive of K2, said Monday he would give up the acquisitiobn plans if the companies could not reachy an agreement withthe league. Rawlings provides basebal equipment, such as gloves, caps and to the league. On March 13, Heckmann said the companh was concerned with someof Rawlings' but did not give any details. Shareholder s of both companies are expected to vote onthe $84 million stockl swap March 26. "They (Major League Baseball) are usin this change of control consen as a leverand we're negotiating at this Heckmann said. "The negotiations got pretty tough.
But if we don' t get the deal we want from baseball, we'rre not going to close this transaction." Los Angeles-baserd K2 (NYSE: KTO) makes skis, snowboards, bikes and other sporting good products. Mo.-based Inc. (Nasdaq: RAWL) manufactures sportinvg goods equipment.

Wednesday, February 1, 2012

Canisius ups Internet course offerings - Boston Business Journal:

llrx-royce.blogspot.com
Starting this fall, the collegd will offer master’s degrees in literach education, sport administration and educational administration. The three programs join the onliner master’s program in physical education, which has been offered by the colleg e sinceearly 2006, said Jim Bagwell, director of graduate admissions for the Schoolo of Education and Human Services. All three programs are gearefd toward students who live outside Western New though some space is availablw forlocal students. Bagwell declined to say how many spotx will be set aside forlocall students. The programs begin Sept. 14, thre e weeks after the Aug. 24 start date for the rest of the Bagwell said.
The literacy education program prepares literacy specialistxs for certification in New York while the sport administration program focuseson sports-relate business, such as intercollegiate athletics, amateuf and professional sports, sports marketing firms, special-eveng management and facility management, the college said. Students in the educationn administration program will receive a School BuildingLeader and/oer School District Leader certification in New York state. Each of the new onlinwe programs also existas traditional, on-campus programs.